Finances are a touchy subject when it comes to divorce, but I guess every subject can get touchy during a divorce. I want to make sure you are aware of the implications of a mortgage when it comes to a divorce and the suggestions I have to protect yourself, on either side.
Who Gets the House(s)?
The [...]
Common Questions
Mortgage Calculator
Beware of online mortgage calculators because they may not give you the full story. Most buyers these days are researching mortgage information online before they ever speak to a mortgage lender to become educated and ready to handle this huge purchase. Many of these buyers are searching for mortgage calculators online to help them to [...]
How Mortgage Lenders are Paid
Ever wonder how your mortgage loan officer is paid? Well, you will find out today…
Lenders are compensated in two ways: the front end and the back end. The front end is everything you can see and know about while the back end is invisible to you. Front end compensation includes any fees or upfront charges [...]
Paying Down Your Mortgage
I am often asked if prepaying on a mortgage loan is best, and if so what method of prepaying is best. Paying off any debt is always a good idea as it increases net worth and eventually alleviates the borrower from paying a large amount of interest, but the priority of paying off a mortgage [...]
